Lbp Am Sa grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,039 shares of the company’s stock after buying an additional 3,621 shares during the period. Lbp Am Sa’s holdings in Howmet Aerospace were worth $10,803,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in Howmet Aerospace by 4.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after acquiring an additional 61 shares during the last quarter. Rise Advisors LLC increased its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the last quarter. Pinpoint Asset Management Ltd increased its position in shares of Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Golden State Equity Partners increased its position in shares of Howmet Aerospace by 4.4% during the 2nd quarter. Golden State Equity Partners now owns 1,820 shares of the company’s stock valued at $339,000 after purchasing an additional 77 shares during the last quarter. Finally, Hemington Wealth Management increased its position in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on HWM. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Finally, Truist Financial boosted their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.13.
Howmet Aerospace Price Performance
Shares of HWM stock opened at $194.99 on Thursday. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The stock has a market capitalization of $78.61 billion, a price-to-earnings ratio of 57.02, a P/E/G ratio of 2.54 and a beta of 1.45. The stock has a fifty day simple moving average of $182.25 and a two-hundred day simple moving average of $164.88. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the prior year, the business earned $0.67 EPS. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s payout ratio is presently 14.04%.
Howmet Aerospace Profile
Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.
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